When hearing Mr. Bogle's comments I began wondering how much of the volatility is from new and inexperienced investors jumping in and out of the market more than ever before. With the influx of new retirement plan investors, more In the past 6-7 years than ever, and the lack of knowledge of long ter...

If I were to convert $10K effective July 1, 2018 and I anticipate being in the 12% tax bracket, I believe I would need to make an estimated tax payment of $600 by Sept 15, 2018 and again by January 15, 2019. Is this correct? Or would I be able to wait and make a $1200 payment by January 15, 2019? I ...

Thank you all for the input, so far. Glad to see there are no real negatives to my plan. TG2, I may max the bracket quicker than I let on but want to be sure I can cover taxes due. Plus I'm just getting started at this retirement thing, well the spending anyway :happy , so I'm willing to take it slo...

So sorry this should have read 12%. Making the tax due on the RO as $1200. This now pushes the guesstamated taxes due to around $800 or more. Too close to the $1000 limit for the underpayment penalty. I would have caught this when doing the calculations but was more trying to layout the concept in m...

I realize this is very basic info, but just wanted to throw it out for thoughts/comments: I intend to begin converting $10K per year from my Defferred Comp account to a Roth account. Based on current pension income I should remain I the 10% tax bracket. Due to being a public service officer I can de...

I too am considering multi-year conversions. Tax situations slightly different but many of the same rationale in regard to paying taxes at the current low bracket and filling that bracket. My additional thoughts are the tax free benefits for my heirs, if we don't spend it all...lol, and the benefit ...

I think where you are getting confused is not realizing there are two different 5 year clocks. One is tied to the Roth IRA itself. The other is tied to each Roth conversion. If the Roth is 5 years old and you are over 59.5 years old, the Roth IRA is "qualified" and nothing is subject to tax or pena...

Thank you all for your time and input. Based on this allow me to put together my scenario for guidence and comment. Current age: 57 1st Roth conversion: $10k on 4/1/2018 2nd Roth conversion: $10k on 4/1/2019 and continues for say 10 years. At age 63, I decided to begin withdraws on 4/1/2024. Having ...

In reviewing many threads here it appears the 5 year stipulation on a Roth Conversion is unclear. As I understand it, if I convert $10k on 4/1/2018 and then again convert another $10k into that same Roth account on 4/1/2019 the 5-year clock for this account began on 4/1/2018 thus making the entire $...

Can the decision to begin partial conversions of 457 assets to a Roth account be simply based on the desire to avoid RMDs and to possibly be able to leave any balance to beneficiaries tax free? I would be able to cover the taxes due out of non-retirement funds.

What is your exit plan? Were you clear about that in your letter to the IA? In other words, who is the custodian now? Will that company remain the custodian, or do you plan to move the funds to a new company? If you move to the new company, will you liquidate your current investments, or transfer t...

Why not just keep it at Scwab and do the 3 fund there? Schwab has equal, if not better funds to do the 3 fund portfolio. There are specific Vanguard funds I wish to have for this account. Schwab will charge a transaction fee for the purchase and then a transaction fee for any future transactions. I...

I currently have a rollover IRA with Schwab which housed 10 funds managed by an IA. I plan to transfer this IRA to Vanguard and reduce it to a 3 fund account. Will Vanguard charge me a transaction fee for each fund I sell and buy into a Vanguard fund? Would I be better off selling the shares myself ...

I've recently notified my IA In writing of my intent to terminate services to include the effective date which is upon receipt of my letter. I've also requested the return of any advisory fees. How long should this process take? I've had trouble reaching someone to talk with there, one of the reason...

For those of us that may have a Schwab account the SWAGX is a total bond market index fund. It seems to compare closely with VBTLX except that VBTLX states its index is BloomBarc USAgg Flt Adj index whereas the SWAGX states its index is Bloomberg Barclays U.S. Aggregate Bond Index. These appear to b...

My state employee Def Comp 457 program is through Empower. I found the fees very reasonable, unless I'm missing something. All the funds are index funds and fees are .01-.02% operating expense on the funds plus a .07% asset based fee. I see that as .08-.09% fees which seem pretty good to me. The St...

My state employee Def Comp 457 program is through Empower. I found the fees very reasonable, unless I'm missing something. All the funds are index funds and fees are .01-.02% operating expense on the funds plus a .07% asset based fee. I see that as .08-.09% fees which seem pretty good to me. The Sta...

Is anyone familiar with or invested in the PA Def Comp program for state employees? During my tenure with the Commonwealth I took advantage of this program. An investment adviser once said that at some point I should get out of this program since the costs are high. While I have intentions of conver...